- Delta Apparel Inc (NYSE:DLA) reported preliminary third quarter FY21 net sales growth of 65% year-on-year to $118 million against the consensus of $108 million.
- The stronger than anticipated sales performance reflected strong Salt Life Group revenue across all sales channels.
- The company expects EPS of $0.90 for the quarter, with the analysts’ consensus at $0.62.
- “Our June quarter performance is a true testament to the power of our diversified business model,” said CEO Robert W. Humphreys.
- Price action: DLA shares are trading higher by 8.62% at $32.75 on the last check Thursday.
Telsey Advisory Group Reiterates Outperform on Walmart, Maintains $165 Price Target
Telsey Advisory Group analyst Joseph Feldman reiterates Walmart (NYSE:WMT) with a Outperform and maintains $165 price target.
